Philippine Bar review · Topic
Personal Property
Page 2 of practice questions on Personal Property in Installment Sales. Browse published questions and explore related topics for Philippine Bar review.
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Practice questions
- A finance company takes assignment of the seller’s rights in a personal-property installment sale. Does assignment alon…
- In an unsecured installment sale governed by Article 1484, the seller has effectively cancelled the sale after the requ…
- An installment seller argues that merely announcing a preferred remedy conclusively binds it in exactly the same way as…
- An assignee of an unsecured installment seller validly exercises cancellation after two unpaid installments, then invok…
- In an unsecured sale governed by Article 1484, a seller sends a surrender demand that is ignored and then sues for fulf…
- Explain why assignment of an installment seller’s rights does not authorize the assignee to combine cancellation with c…
- Distinguish a mere announcement of a remedy from its actual exercise in an installment-sale dispute.
- An unsecured installment seller validly cancels a machine sale after three missed installments and then demands all fut…